1150 Robinhood Dr Stockton, CA 95207-5624

Property Details for 1150 Robinhood Dr

Lot size

0.93 lot acres

Property size

6,649 SF

Zone code

CR

Property type

Office buildings

APN

108-140-140-000

APU

108140140000

Description

This exceptional value-add investment opportunity presents a two-building office complex totaling 26,162 square feet, situated on a prominent Stockton, CA location at 1150 and 1212 W Robinhood Dr, zip code 95207. The property, known as the Art Godi Center, consists of twenty office suites across one story in each building, currently boasting 90% occupancy. Built in 1973 and 1974, the complex offers significant upside potential due to below-market rents on many of the shorter-term leases. Approximately 66% of the leases are short-term, presenting an ideal scenario for SBA financing, particularly attractive for owner-users. The smaller suite sizes ensure quick lease-ups of vacant units. The strategic location on Robinhood Drive, a well-established office corridor with an average daily traffic count (ADT) of 12,915, places the property between two major commercial thoroughfares: Pacific Avenue (ADT 32,507) and Pershing Avenue (ADT 24,758), ensuring high visibility and accessibility. Ample parking is available. The asking price is $3,000,000, translating to a price per square foot of $114.67. The property's APN numbers are 108-140-14 and 108-140-13. This presents a compelling opportunity for investors seeking strong returns and owner-users looking for a strategic acquisition.

Location Insight

City

Stockton

County

San Joaquin

State

California

Longitude

-121.321

Latitude

37.9992

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments